How To Draw Trend Lines ?
5:16 AM
Posted by Trading Lectures
Drawing a Trend Line may be something many traders think that they make it right but after years of trading i am telling you really i saw traders who were in the market for may be years and still draw trend lines completely wrong or picking unrealistic trends ..
In this video you will have an idea about how to draw these trend lines in a more accurate way .. but remember that this task needs common sense not only applying some academic rules without understanding the concept behind it ..
Personal Note : in this video when he comes to the real EUR / USD chart notice the lower ( Trend line ) .. this is actually a sort of a lower Price channel border but not exactly a trend line .. another words when you draw up trend line you connect bottoms ( swing lows ) and when you draw down trend line you connect peaks ( swing highs )
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